plahotya
Short

Short Crude oil Brent

FX:UKOIL   Crude Oil (Brent)
Short Crude oil Brent             to near 52 and then maybe we go to new high.
Global image, wave 4 in V of (V): http://i.imgur.com/wTTzvIE.jpg
Why so many are unsure of the growth of oil?
I think we are now near the lower boundary of the proposed triangle in wave 2 of (A) of d of 4
Schematically shown here:
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plahotya plahotya
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Interesting idea, but Prechter publish on his http://www.elliottwave.com/ video about oil where the wave 3 (2008) is the wave since 1860
this is screen shoot from video: http://kopalkin.ru/files/waves/oil_1860-2014.png
In that case your global chart isn't right but its just an idea
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plahotya EvgenK
Yes, it's wave 4 in V of (V): http://i.imgur.com/wTTzvIE.jpg
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my thoughts
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Update:
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Perfect!!! right in targets!
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plahotya EvgenK
Thx, Eugene. It's Elliott :)
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Target in the process. Update:
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This idea has been closed. New idea and new targets are here:
New high of brent
New high of brent
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